Press release
Glufosinate Market, Industry Analysis Report, Industry growth forecast from 2017 to 2024
The product is a broad-spectrum herbicide produced by Streptomyces soil bacteria which is used to control important weeds named morning glories, yellow nutsedge and hemp sesbania. The product is applied to immature plants at early development stage for better results. Its usage is significantly safe when compared to other herbicides and can be used in combination with other herbicides.
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Price is increasing rapidly for this herbicide owing to the increase in demand. The major restraints in the glufosinate market are complex production process and high price. Furthermore, the product is toxic for soil and aquatic microorganisms, which causes threat to wild plant communities and may increase nitrogen leaching from arable seeds.
North America glufosinate market holds the maximum market potential for new entrants due to growing demand for bio based agro solutions in agricultural sector and extensive commercialization of genetically modified C5H12NO4P tolerant crops. Moreover, the U.S. Food and Drug Administration (FDA) considers it safer relative to other herbicides present in the market including, paraquat and atrazine.
The Glufosinate Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Glufosinate Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis 3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Glufosinate Product Insights
5. Glufosinate Application Insights
6. Glufosinate Regional Insights
7. Competitor Profiles
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The glufosinate market is consolidated due to presence of many large-scale manufacturers globally. Some of the key industry participants are Bayer, E.I. Du Pont, Jiangsu Huangma Agrochemicals, Jiangsu Sevencontinent Green Chemical, Nufarm, Syngenta, the DOW Chemical, Zhejiang Yongnong Chemical, Jiangsu Sevencontinent Green Chemical, Jiangsu Huangma Agrochemicals, United Phosphorus, Veyong and Zhejiang Yongnong.
Recently, glufosinate market has seen many expansions and investments. In June 2015, United Phosphorus (UPI), a Canadian company supplying crop protection products announced the successful commissioning of its glufosinate herbicide manufacturing plant in India.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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